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Algorithm Aversion as an Obstacle in the Establishment of Robo Advisors
16 references·3 citing·39 second hop
Algorithm Aversion as an Obstacle in the Establishment of Robo Advisors (2022)Algorithm Aversion as an Obstacle in the …What influences algorithmic decision-making? A systematic literature review on algorithm aversion (2021)What influences algorithmic d…Household Finance (2021)Household FinanceThe Promises and Pitfalls of Robo-Advising (2019)The Promises and Pitfalls of …A systematic review of algorithm aversion in augmented decision making (2019)A systematic review of algori…Overcoming Algorithm Aversion: People Will Use Imperfect Algorithms If They Can (Even Slightly) Modify Them (2016)Overcoming Algorithm Aversion…Algorithm Aversion: People Erroneously Avoid Algorithms after Seeing Them Err (2014)Algorithm Aversion: People Er…Equity Portfolio Diversification (2008)Equity Portfolio Diversificat…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…Household Portfolio Diversification: A Case for Rank-Dependent Preferences (2005)Household Portfolio Diversifi…Portfolio Choice and Trading in a Large 401(k) Plan (2003)Portfolio Choice and Trading …Naive Diversification Strategies in Defined Contribution Saving Plans (2001)Naive Diversification Strateg…Excessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock (2001)Excessive Extrapolation and t…Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Trading Is Hazardous to Your …The hot hand in basketball: On the misperception of random sequences (1985)The hot hand in basketball: O…The Asset Structure of Individual Portfolios and Some Implications for Utility Functions (1975)The Asset Structure of Indivi…Belief in the law of small numbers. (1971)Belief in the law of small nu…Human-Robo-advisor collaboration in decision-making: Evidence from a multiphase mixed methods experimental study (2025)Human-Robo-advisor collaborat…Embracing AI advisors for making (complex) financial decisions: an experimental investigation of the role of a maximizing decision-making style (2025)Embracing AI advisors for mak…Robo-advisors: A systematic literature review (2024)Robo-advisors: A systematic l…An Inventory for Measuring Depression (1961)Belief, Attitude, Intention and Behavior: An Introduction to Theory and Research (1975)Prospect Theory: An Analysis of Decision under Risk (1979)On seeing human: A three-factor theory of anthropomorphism. (2007)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)Common risk factors in the returns on stocks and bonds (1993)Investor Psychology and Asset Pricing (2001)Psychology and Economics: Evidence from the Field (2009)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Judgment under Uncertainty (1982)A perspective on judgment and choice: Mapping bounded rationality. (2003)Nudge: improving decisions about health, wealth, and happiness (2008)Algorithmic management in a work context (2021)Forecasting: theory and practice (2022)The robust beauty of improper linear models in decision making. (1979)The affect heuristic in judgments of risks and benefits (2000)Automation, Algorithms, and Beyond: Why Work Design Matters More Than Ever in a Digital World (2019)Human Trust in Artificial Intelligence: Review of Empirical Research (2020)Availability: A heuristic for judging frequency and probability (1973)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Industry costs of equity (1997)Just How Much Do Individual Investors Lose by Trading? (2008)Presidential Address: The Cost of Active Investing (2008)The Behavior of Individual Investors (2013)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)On Persistence in Mutual Fund Performance (1997)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Preference and belief: Ambiguity and competence in choice under uncertainty (1991)The trouble with overconfidence. (2008)Algorithm appreciation: People prefer algorithmic to human judgment (2019)Algorithms at Work: The New Contested Terrain of Control (2019)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Heuristic Decision Making (2010)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)
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References

  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors3,953 cited
  • 1971Belief in the law of small numbers.3,244 cited
  • 2014Algorithm Aversion: People Erroneously Avoid Algorithms after Seeing Them Err3,203 cited
  • 1985The hot hand in basketball: On the misperception of random sequences1,648 cited
  • 2001Naive Diversification Strategies in Defined Contribution Saving Plans1,538 cited
  • 2016Overcoming Algorithm Aversion: People Will Use Imperfect Algorithms If They Can (Even Slightly) Modify Them1,225 cited
  • 2008Equity Portfolio Diversification1,221 cited
  • 2001Excessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock814 cited
  • 2019A systematic review of algorithm aversion in augmented decision making809 cited
  • 2003Portfolio Choice and Trading in a Large 401(k) Plan777 cited
  • 2021What influences algorithmic decision-making? A systematic literature review on algorithm aversion597 cited
  • 2019The Promises and Pitfalls of Robo-Advising506 cited
  • 2021Household Finance479 cited
  • 2005Household Portfolio Diversification: A Case for Rank-Dependent Preferences

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459 cited
  • 1975The Asset Structure of Individual Portfolios and Some Implications for Utility Functions420 cited
  • Cited by

    • 2024Robo-advisors: A systematic literature review51 cited
    • 2025Embracing AI advisors for making (complex) financial decisions: an experimental investigation of the role of a maximizing decision-making style13 cited
    • 2025Human-Robo-advisor collaboration in decision-making: Evidence from a multiphase mixed methods experimental study6 cited